annual and sustainable development report 2009
TRANSCRIPT
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 1/52
SHApINGTHE cHEMISTRy OF THE FuTuREFOR FuRTHER
NFORMATIONwww.arkema.com/inspirations
ExpERTISEConversation
Insiations Arkema / 2009 Aual ad Sustaiable Deelmet Re
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 2/52
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 3/52
Smary Eitorial EDITORIAL / 1
zoomcORpORATE pROFILE / 2-3
NEWS
BEST OF / 4-5
TrENdSSpOTTED FOR yOu / 6-9
ExpErTISEcONvERSATION / 10-17
prINcIplESOuR STRATEGy / 18-19
rEporTSHApING THE cHEMISTRy OF THE FuTuRE / 20-25
BETWEEN ThE lINES09 FINANcIAL pERFORMANcE / 26-33
ENcouNTErSMEET THE BOARD / 34-37
horIzoNSpOTLIGHT ON cHINA / 38-41
TogEThErHuMAN RESOuRcES / 42-47
hIghlIghTSpEOpLE ON THE MOvE / 48
Lie the rest o the global hemialindstr, in 2009 Arema dealt withan nreedented eonomi risis,haraterized b a stee lnge in
olmes. We demonstrated or abilit to sta aoat in an etremel togh
bsiness enironment. I am gratel toall or teams, who roed more thanaable o rising to the hallenge. Thisnaorable enironment adersel aeted the Arema’s reslts or the
ear, bt b sharl rtailing fed ostsand woring aital, we maintaineda er solid fnanial osition,generating a ositie ash owand one o the lowest netdebt-to-eqit ratios in the indstr.I frml beliee we will ome throghthis eriod stronger than eer. We didnot os solel on risis management.
We also ontined or oman’ssweeing transormation and staedthe orse set at the time o Arema’ssin-o in 2006, strengthening orositions in Asia, seeding rodtinnoation, and moing or ortoliotoward a more oherent, betterintegrated and more ometitie mi o bsinesses.
We maredl imroed or ositionin Asia, maintaining a high rate oinestment in china. Asia’s share o orsales has limbed rom 13% to 18%
in or ears and is eeted to reah22% b 2014. We also didn’t let on or researh, whih oses on deeloing emergingtehnologies, seifall eo-tehnologies and high-erormaneolmers. As a reslt, we maderomising strides in alternatie energies,lie solar hotooltais and lithim ionbatteries, and in water treatmentand omosite materials.
The aqisition in 2009 o a ortiono Dow chemial’s arli monomerand arli emlsions oerations in theunited States was a major milestonein Arema’s transormation.This transation – $450-million o sales
– ontines the arlis eansion thatbegan with the aqisition o coate in 2007, and maes s the third-largestglobal and seond-largest u.S. arlismanatrer.
Althogh we remain atios abotthe eonomi enironment, we are
er onfdent in or abilit to sharl imroe or fnanial erormanerom 2009. We will beneft rom bothhigher olmes and the eets oor ost-tting sh. New rodtsdeeloed throgh R&D and theintegration o or arlis aqisition
will also drie imroed erormane.In 2010 Arema will lose the frsthater a histor that began withor sin-o in 2006. We hae srassedall or fnanial targets and hangedthe shae o the oman.Toda we are embaring on anew hase, with the aim o qil beoming an indstr leader. B ontining to adjst or regionalositions and strengthen or rodtlines and b seeding growth inemerging tehnologies, we aim to
ahiee an EBITDA margino 13.5% in 2014.
Tie le hna, caianan cie Eetive ofe, Akea /10cONvERSATION!
The magazine Inspirations is published by the External Communication Division of Arkema. Consulting, design & production: . www.terredesienne.com.Photo credits: Arkema, Ravi Arya, Ente Breed, Etienne Follet, Getty Images, Heximage, Antoine Icard, Jacques Grison / LaCompany, Julbo, Mizuno, Palais de la découverte / P. Lévy, C. Rousselin,Roca Polska, Smith Optics. This document is printed on a 100% recyclable and biodegradable paper, manufactured at a European plant with ISO 9001 certication (for its quality management),
ISO 14001 certication (for its environmental management), PEFC certication (for its use of paper from sustainably managed forests), and EMAS accreditation (for its environmental performance).
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 4/52
zom
cororate proIlE
4,444 Sales (€ millions)
310EBITDA (€ millions)
13,800 Employees
80Production plants
Arema hemialsare at the heart osstainable soltionsNot onl is Arema the to hemialsroder in Frane, we are a major laergloball. present in a wide range o indstrialsetors, we are organized into three bsinesssegments — vinl prodts, Indstrialchemials and perormane prodts —
with a iew to eandingor ortolio o bsinessesinternationall. In 2009, we ostedsales o €4.4 billion and emloeda worore o 13,800.Or seret: the world is orinsiration. Enironmentalstewardshi and sstainabledeeloment are the es to the
tre in this eer-hanging world. And the hemial indstr will mae thedierene b bringing ratial soltionsto the lanet’s hallenges.That is wh we emhasize R&D so heail.
Arema has seenth researh enters worldwide — or in Frane, two in the unitedStates and one in Jaan — where more than1,100 researhers are dediated to inentingtomorrow’s world. The imortane o theirontribtion is mirrored in the R&D bdget:nearl €150 million annall, hal inestedin “green-hemistr” rojets. Or eorts areonentrate in two areas o innoation: ltra-
high-erormane olmers and sstainabledeeloment soltions. To ahiee reliablereslts qil, we wor throgh a dediatedorganization that we all “ the inbator.”
We are defnitel osed on the long term.Or strateg is based on three strongl heldbelies: growth throgh innoation, targeted
eansion in Asia, and atie managemento or ortolio o bsinesses.Howeer, Arema is also and most imortantl a resonsible ororate itizen that reognizesand reresents or staeholders’ eetations.
Enironmental ris and imat management,rodt stewardshi and emloeedialoge are direted toward sortingthe oman’s transormation and reahingot to all soiet’s staeholders.
What’s essential to eerda lie, insearablerom sstainable deeloment and italto indstrial rogress? The answer is hemials,o orse. Let’s disoer Arema, Frane’s
leading hemials roder.
“Eer da, or emloees meetthe hallenge o roiding innoatisoltions that sort sstainabledeeloment.”
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 5/52
3 bsiness segmentsand 14 bsiness nits
Arema is a leading Eroean sliero hlorohemials and pvc. Or vinlprodts bsiness segment is integratedaross the ale hain, rom brineeletrolsis to pvc roessing. vinl prodtsomrises or bsiness nits: chlorine/casti Soda, pvc, vinl comonds,and pies and profles (Alhaan).
Arema is also a world-lass rodero indstrial hemials. Seen bsinessnits mae seen rodt lines: Arlis,Seialt Arli polmers (coate),Emlsions, pMMA (Altglas International),Thiohemials, Florohemials and
Hdrogen peroide. The seret o orsess: global and high otentialrodtion hbs.
Lastl, or perormane prodts bsinesssegment onsists o three bsiness
nits: Tehnial polmers, Seialt chemials (cea) and Fntional Addities. perormane prodts eatresbreathrogh tehnologies and rodtbrands that are reognized arondthe world.contless growth marets!
Althogh o don’t see Arema rodts,the are there, sall anonmos, tedinto eer orner o or dail lie.The list o aliations is long and inldesonstrtion and bli wors, atomotieand transortation, energ, eletronis,aaging, oatings and adhesies, aer,sorts and leisre, health and ersonal
are, enironmental rotetion and animaleed. Arema is eerwhere.Or two biggest marets are the hemialand onstrtion indstries, eahaonting or 15 to 20% o or sales.
Atomobile manatring, eletronis,aaging, oatings and adhesies,and indstrial eqiment are also strongmarets, aonting or 5 to 10% o or
sales eah. Other marets generatingless than 5% o or sales bt are growingsteadil, inlding energ, aer, theenironment, health and ersonal are,and sorts and leisre.
3 BsinessSegments
Or “Star” Brands
vinlprodts
closel integratedatiities
Vin ptsJARyLEc / JARyTHERM / LAcOvyL /LucALOR / NAkAN / NAkANpRENE /THERMOGOAL
compANy SNApShoT
Indstrialchemials
World-lass ositionsand strong growthrosets
perormaneprodts
Tehnial soltionstailored to seifstomers reqirementsand reognizedbrands.
2009 in motion.
Discover the interactive version
of our annual report on
www.arkema.com /inspirations
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 6/52
News
BEST o 2009
Janar 12Mizno hooses peba ® Rnew resin or its newolletion o rnningshoes. Its atented WaeTehnolog taes a lea
orward with Arema’sbiosored thermolastielastomer, oering rnnersimat resistane, shaememor and ibrationabsortion.
Febrar 6 Arema aqires Oordperormane Materials,adding olether etoneetones (pEkk) to or slateo ltra-high-erormane
materials. pEkks oen the wa or majorinnoations in medialaliations, in aerosaealiations and in oiland gas eloration.
Aril 18 Arema las the ornerstoneo a new rodtion lant
in changsh, china,hosen as the site o a world-lass ailit dediatedto the manatreo olinlidene oride(pvDF). Starting isshedled or the frst halo 2011.
Ma 27Reerlin ® sel-healing rbberis now roded on a
semi-ommerial sale inFeh, in northern Frane.The rodtion nit has anannal aait o100 metri tons —an imressie eat oror sramolelarhemial oerations.
Jne 25 We deide to strengthen ormethl metharlate (MAM)bsiness b onentratingrodtion in Rho, Ital, b shtting down the rodtiono MAM in carling and b reorganizing the rodtiono olmethl metharlate(pMMA) sheet in Bernoille,Frane.
Jl 28 Arema sbsidiar coate inests in a seialt arliolmers rodtion nitin changsh, china. It iseeted to oerate atll aait to sere Asia’sast-growing aint, mineralroessing, onstrtion andaer marets.
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 7/52
Setember 4 Arema innoates with Aolha®,a new amil o nanostrtredthermolastis ombiningeibilit, thermo-mehanial stabilit,hemial resistane and adhesieness.
Agst 3
Arema maes the grade asthe world’s third-largest arlisroder. We owe or to-tierosition to the aqisition oertain arlates and late assets
rom Dow chemial in the unitedStates. Arlis will soon aontor 20% o or sales.
Agst 24 Arema lanhes knar® AqateFMA, an eo-riendl, ost-eetieool-roo oating. This water-basedemlsion oating reets the sn’sras and withstands both uv radiationand inlement weather, eeing oomortable inside.
Setember 18 We annone the onstrtion
in Mont, Frane, o a new,tting-edge arbon nanotbeilot ailit, whih willhae a aait o400 metri tons a ear.
Otober 19Or ceabase® RT additie orgreen road oating wins glor and the to rize. It snagged notone, bt two, 2009 IcIS Innoation
Awards, or Best prodt Innoationand Best Oerall Innoation.
Deember 14 Arema artners with the Palais de la découverte sienemsem in paris, whih is addinga new 1,500 sqare-meter galler.
Starting in 2012, hildren andadlts will be able to embar onan “eloration o the world omatter and energ.”
Deember 17 Anhi Hwas co., Ltd, a sbsidiar o china’s Habei Mining, aqiresliense to se an Arema pvcrodtion roess. Its goal is torode one million metri tonseah ear, whih will mae it the
world’s biggest pvc lant.
EVENT
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 8/52
Tends
Sotted or o All o the objets in or dail lies haeserets hidden at their ore. And otenone o these serets haens to be theinnoatieness o Arema, whih inents
the materials o the tre. For o, we oint ot lies beneath the srae.
1. lASh, rom Sara
is the frst si boot made
o peba ® Rnew biosored
thermolasti elastomer.
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 9/52
2. AcTIcArBoNE® Milan and venie treat their drining water sing the eo-resonsible Atiarbone® treatment
3. SmITh opTIcS’ new Eole olletion o si and otdoor glass rame models are made entirel o Rilsan®
clear Rnew olamide resin. 4. AlTuglAS®Meio’s paalote children’s Msem is lad entirel in oresent orange
green and ble Altglas® resin. 5. KyNAr® hSV 900 Lithim ion batteries owe their erormane to a brand new
binder, knar® HSv 900 resin, whih sorts eret eletrode adhesion. 6. STEgEmAN The imosing dome-shaed
roo o the uniersit o Georgia’s Stegeman colisem has a oating based on knar® Aqate resin that an withstand
an weather. 7. orgASol®Mae- beomes atie when its ormla ontains ltra-fne Orgasol®
Hdra+ or Orgasol® Restore owders.
2
7
4
65
3
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 10/52
8. SuNScrEENS
The Orgasol® caresse water-based
ormla lightens the tetre o or
snsreens and maes them easier
or sin to absorb.
9. SIlmo d’or
Tango eeglasses or hildren,
mareted nder the Jlbo brand, won
the 2009 Silmo d’Or tehnolog and
ashion award or their rames, made
o Rilsan® clear and peba ® resins.
10. EVATANE® ANd KyNAr®
A roo on the Arema Serqign lant
in Normand, Frane, omrises
1,350 sqare meters o hotooltai
solar anels artl made o Eatane®
and knar®
tehnial olmers.These solar anels will delier
162 MWh o ower eah ear.
11. rIlSAN® hT
In man engine arts nder
the hood, the metal has been
relaed b biosored Rilsan®
HT olamide 11 resin, whih an
withstand temeratres
o to 170°c.
12. AlTuglAS® cSThis poolsa bathtb model, seen
at the international ISH Bathroom
Eeriene trade show in Franrt,
is made o Altglas® cS resin.
Tends
10
11
12
8
10
11
9
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 11/52
13. glycErolThis ane-ree omleion
and dandr-ree sal owe their
eretion to cereese, an innoatie
antimirobial made rom glerol.
14. pEBAx ® rNEW Mizno’s new Wae Tehnolog
olletion o rnning shoes is based
on the peba ® Rnew biosored
thermolasti elastomer.
15. KyNAr® AquATEc
The roo o the North Shore
congregation Israel snagoge
in chiago will sta as good as new
or 15 to 20 ears thans
to a knar® Aqate resin-
based oating.
16. KErcoAT® ANd opTIcoAT®
treatments mae glass bottles
shatterroo and srath resistant
and are inreasing the lie
and reling rate
o retrnable bottles.
13
14
15
16
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 12/520
E pertise
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 13/52 /
cONvERSATIoNThe er natre o the hemial indstr reqires a ariet o eertise.
From deeloment throgh mareting,or bsinesses draw on a host o dierent, btomlementar, hemial seialties dringeah hase in the lie le o rodts.Eerthing starts with researh, whih laborsto get the best ot o matter. proesses thendefne the indstrial onfgration o lants,beore the are bilt to the highest standards.prodtion is resonsible or rodt qalit and ailit saet. And aliation engineersroide a ital lin with stomers, atoringin their needs and otimizing aliations.Bt the wor o hemists wold ome tonaght withot the ontribtion o other, italeerts. proess Saet ees a onstant
wath on rodtion nit reliabilit and ris redtion. preention ensres the saet and rotets the health o eole woringat indstrial ailities. Toiolog andEotoiolog assess the otential imato hemials on bli health andthe enironment. Maintenane eesthe ailities are in good woring order,
while Logistis otimizes aagingand distribtion hannels.
combiningeertiseDiersit o eertise is a ornerstone o oridentit. Lie the eole we will soon meet,all Arema eerts are woring toward thesame goal – to ondt or oerations sael and efientl, adat to hange, and meetsoiet’s legitimate eetations.- Franis Hmblot, Sbastien Niolas,
Ram Bsheer and Alan koo are arto the carele ® team – eerts in themaintenane o etrolem rodt slr
reoer nits sed b the refning indstr the world oer.- For seeral ears now, Leendert Marijs
and carel Braaman hae sessll ombined their sills and eertise toimroe saet at Arema’s vlissingenrodtion site in the Netherlands.
- Nathalie Jlien, hired in 2007 to bee theteams in harge o rodt saet, helsregister the 430 Arema hemials sbjetto the Eroean union REAcH reglation.
ocuS Antiiating reglator hanges and emerging marets,ontinall grading the erormane o materials,and deeloing sstainable soltions dries sto ontinall add new, omlementar sillsand aabilities that strengthen or osition as Frane’sleading hemial roder, with global reah.
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 14/522
The carele ® brand is nown aross the globalrefning indstr as a aage o highl tehnialatalst dislfding series sing dimethl dislfde(DMDS) in el rifation nits.
The cArEllEx now how
E pertise
anis hbt, Researh Engineer
Francis has been global manager or DMDStechnical assistance since 2006, ater workingas a development engineer between 1997
and 2006.
“carele ® is a tehnial assistane serieor refners, deliered at their el rifationlants. I’m resonsible or the lassroominstrtion and training or new tehniians.Bease reglations lassi DMDS asammable and harml, the tehniiansmst now eerthing abot DMDS and saet roedres in order to handle it roerl. It’s andamental aset o the serie we oer.The mst also be rofient in oeratingroedres, eseiall ow and temeratrearameters and how these hange as thehemial is injeted.New tehniians then reeie hands-ontraining in the feld, serised b eerienedtehniians, to aqire the eertise the need to assme resonsibilit or jobs. I don’tse the word eertise lightl here, beasethe carele ® serie team mst be able toat as ll-edged onsltants to the refner engineers.Or teams are ertifed ISO 9001 and m jobis to ensre the qalit and rofien o thecarele ® serie.”
Sbastien Nias, carele ® Sales Manager, Eroe
Sébastien has coordinated European salesand marketing or the Carelex ® service since
2008, ater holding various other marketing positions at Arkema.
“The sess o the carele ® serie has beenbilding or 15 ears, srred b reglator hanges that reqire lower and lower el slrontents. Slr ontent was slashed in theEroean union on Janar 1, 2009 rom seeralhndred arts er million to 10 m and hasbeen set at 15 m in the united States sine2006. Sine the imlementation o el slrontent seifations, the amont o aid rainhas dereased sharl in Eroe and the united States. Similar reglations are gradall beingintroded in India, Brazil and Rssia.The inreasing size o rifation nits andshorter atalst relaement les haereated strong demand or DMDS. In 2009,the carele ® Eroe team was alled seeraltimes to the world’s biggest refner, oeratedb India’s Reliane in Jamnagar.More than 600 metri tons o DMDS were sedthere. Worldwide the nmber o jobs omletedhas soared rom ten in the ‘90s to morethan 300 toda.”
ocuS
Fel deslrization,the fnal stein refning, emlosa roess alledhdrotreating.Hdrotreatingses atalsts —seifall niel,molbdenmand obalt oides— that haeto be atiatedb an agent,DMDS, whihis handled b carele ® teams.
IN BrIE
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 15/52 /
Arkema’s fferThe world’s leading DMDSroder, Arema oers aomlete delier sstem —tan tr, mobile m, massowmeter, dr disonnethoses, hdrogen slfdedetetor — and roenhandling and injetionroedres.
DMDSElutiLie most slr deriaties,DMDS has a strong, nleasantodor, whih on the lsside maes lea detetioneas. Arema is now oeringa seif te o DMDS,alled DMDS Eoltion, withan imroed odor that anbe deteted immediatel inthe eent o a lea, bt is lessnleasant or those liing and
woring near refneries.
11 teamsbased at Hoston, São palo,Benos Aires, Rotterdam, Laq,Mmbai, Singaore, kobe/
yoohama, cairo, Drbanand Samara.
ra Bsee, carele ® Mission Leader,Middle East team
Foreign climes and cultures, Carelex ® can adapt to anything.
“Fleibilit and adatabilit are the hallmarso the carele ® serie. We’re aailable 24/7,and hae to be eible to deal with last-minteshedling hanges b lant oerations. In theMiddle East region, o hae to nderstand thesbtleties o loal ltre, while being able to
wor in temeratres o nearl 45°c.”
Aan K, Sales Manager, Asia
Carelex ® is gaining ground in Asia,where it is enjoying its strongest growth.
“The growing indstrialization o the Asia-paifregion and eer togher enironmentalreqirements are srring the growth o thecarele ® serie in this art o the world.Eer ear, we arr ot an aerageo 40 oerations, omared with jst two when
we started in 1998. In Asia, as elsewhere,the carele ® serie is widel reognizedand areiated b the refning indstr and is reommended b atalst sliersand engineering onsltants.”
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 16/524
A ommitment to SAETy
E pertise
In Janar 2010, Arema’s vlissingen ailit in theNetherlands won the 2009 Arema Saet Award.The redit goes to a highl trained, motiated
worore, onstantl osed on ris reention.
leenet maijs, HSEQ Manager
How do you explain the Vlissingen acility’sexcellent saety record?
First and oremost, the site has a dee-seated saet ltre. Or saet ation lanis ontinall enhaned to ensre a goodsaet erormane. In 2003, vlissingen was
the frst Arema ailit in Eroe to adot eerobseration, a noel aident reentionmethod. Emloees “obsere one another”dring dierent wor hases to identi bestraties, shortts and ris behaiors. Allersonnel, inlding to management, were
er inoled in deloing the method, ateromleting a eretion sre sed to adateer obseration methods to the seifreqirements o or site.
Is peer observation still in use?
O orse, een thogh it hasn’t beeneas to ee the ae oer the last ew
ears, with all the reorganizations at the site.Between 2006 and 2008,we went throghseeral shtdowns, worore redtions and
eeriened nsall high trnoer aetinghal o or ersonnel. New arrials weregien intensie saet training so that eerobseration wold remain a ornerstone o orsaet roesses and a e ator in or gooderormane.
Some 5% o what worersdo at vlissingenis ategorizedas ris.
Althogh that
is a airl smallerentageo the hgenmber o tasserormeddail, it leaesamle room orimroement.
INTErVIEW
IN BrIE
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 17/52 /
5.3
2005
With a total reordable injr rate (TRIR)o 5.9 aidents er million hors wored anda lost time injr rate (LTIR) o 2.7 er million
hors wored in 2009, we did not imroe onor 2008 erormane. “Ater seeral earso stead imroement, these reslts reetstriingl dierent sitations at Arema,” sasJean Morh, Arema’s vie president, Saet,Enironment and Qalit. While Arema sitesin china reort er good indiators, ertain
indstrial sites, eseiall in Frane, haemore worrisome reords. This shows that
when it omes to saet, the battle is neer
defnitiel won. Or goal or 2010 is to bringor TRIR down to 5.3 and or LTIR to 2. The frstrereqisite or sess is to be demandingo or teams, or oworers and orseles.The saet o eerone deends on it.
Reducig
GHGemissisFor man ears now,
Arema has striento minimize greenhosegas (GHG) emissionsat its ombstion androdtion lants. Theseemissions hae beendiided b 10 sine 1990,the baseline ear or thekoto protool whih setsrogress objeties or
indstrialized ontries.
Saet,an ongoing battle
Lst time ijury rate
2.4 2.7 2.73.6
Ttal recrdable ijury rate
7.1 5.9 5.98.411.3
2006 2007 2008 2009
2005 2006 2007 2008 2009
cae Baakan, General Manager, vlissingen lant
In 2010, vlissingen and si other Arema lants will test the new Arema Integrated ManagementSstem (AIMS) designed to imroe or management
sstems. The AIMS adit is an integrated assessmento lant enironmental, saet and qalit erormane ondted three to or das basedon a qestionnaire ontaining more than600 qestions. The adit will be ondted jointl b Arema’s seialists and aditors areditedto isse ISO 9001, ISO 14001 and OHSAS 18001ertifations. Dring this same eriod, vlissingen
will artiiate in a new roess saet initiatieoriginating with or Fntional Addities bsiness nit.
“Not a single inident in two ears and nolost time injries in fe ears at vlissingen.To aomlish that desite thereorganizations at the lant is remarable.”
Aain devi,Eetie vie president, Indstr
ocuS
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 18/526
rEAch challenge
E pertise
Nataie Jien,Reah Reglator Manager
Nathalie, can you remind us what Reach is?
Reah is a Eroean reglation that too eet on Jne 1, 2007 and introdessweeing hanges in the wa hemialsmanatred in or imorted into Eroe areealated. Its ltimate goal is to better rotetbli health and the enironment.
So it’s a good initiative?
Absoltel. It’s a real oortnit or the hemialindstr and its sers to imroe. chemialmanatrers hae been olntaril woringor ears to be resonsible rodt stewards,indiidall and throgh international rograms.REAcH will solidi this drie to ontinosl imroe
what we now abot sbstanes and how the an be sed sael. It will also hold sers moreaontable. ultimatel, the hemial indstr willbe better eqied to meet soiet’s legitimateeetations, reating more bli trst in s.
What made you decide to join Arkema in2007 to take this job ocused entirely on
Reach?
I started m areer woring or a globalagrihemial oman. For ten ears,I was in harge o Eroean union aroaland registration, then wored as a rodtstewardshi manager in its Frenh sbsidiar.The eeriene gae me a bird’s-ee iewo the strategi isses srronding rodtreglation. When I ame to wor or Arema,I new that I was joining a oman that wasroatie abot REAcH. Arema nderstandsthe hallenges and staes inoled and has
set aside the resores needed to handle thesignifant worload reated b the reglation.
Is REACH an onerous burden or chemical manuacturers?
yes, bease it taes a lot o resoresand eertise to reare registration dossiersor the Eroean chemials Agen (EcHA).EcHA dossiers ontain omrehensiedesritions o the hsiohemial,toiologial, enironmental andeotoiologial roerties o the sbstanesand inoint their inherent hazards.The seifations are er detailed
INTErVIEW
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 19/52 /
and sometimes romt s to rn additionaltests. The ris o otential hman andenironmental eosre to the sbstanethroghot its lie le, rom rodtionthrogh end se, is also assessed or all
aliations.
And your role at Arkema?
I oordinate the tass reqired to reareregistration dossiers or the 70 sbstanesor whih I’m resonsible. I also roidemore seialized tehnial eertise,inlding sills lie ris assessment. Internall,I wor with m ellow eerts in toiolog and eotoiolog, the HSE managers in
Arema’s bsiness nits, the HSE managersat rodtion sites and others as needed.I also maintain ontat with HSEroesssionals otside Arema, sine REAcHreqires hemial manatrers to sharea ertain amont o inormation.
Aren’t there several others at Arkemawho work as REACH regulatory managers?
Fie o s slit the 430 sbstanes oeredb REAcH. I handle arlis, pMMA,hdrogen eroides, thiohemialselding amines and solents, andntional addities elding organieroides.
You mentioned opportunity and strategic stakes?
yes, and Arema nderstands this er well.Sbstane registration is ital or staingin the maret. A arallel an be drawn
with the agrihemials setor, whih hasbeen reqired to oml with Eroean
union reglations sine 1991. Thesereglations ased major heaal in theagrihemials maret. O aroimatel 1,400 sbstanes listed when the roessbegan, jst 400 still eist toda and thesebelong to the omanies that were able tomeet the reglator hallenge.
Durig therst 11 yearsater REAcH taes eet,more than 30,000sbstanes, aontingor most o the olmeroded and maretedin the E.u., will hae to beregistered with EcHA.
Arkema’s2009-2018stesThe 430 sbstanes Aremahas to register inlde:- 160 sbstanes roded
in annal qantities o1,000 metri tons or moreand those designatedas sbstanes o er highonern (SvHc) mstbe registeredb end-Noember 2010.
- 140 sbstanes rodedin annal qantities o 100to 1,000 metri tons mstbe registered b Ma 2013.
- 130 sbstanes roded
in small qantities o oneto 100 metri tons er earmst be registeredb Ma 2018.
In addition, 30 hazardossbstanes are eetedto be sbjet to theathorization roedre.The bsiness nits aetedare inororating thisreqirement into theirstrateg and sbstittionrograms are nderwa.
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 20/528
pinciples
Or State Steadil imroing reslts between 2005 and 2008and Arema’s abilit to weather the shar eonomidowntrn in 2009 onfrm the sondness o the strateg adoted at the time o the oman’s reation.
“We’re still interested in seletiesmall or medim-sized,
high-ale-added aqisitions.”
Bernard BoyEr, Eetie vie president, Strateg, elains s
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 21/52 /
Has the eonomi risisased o to qestion an
o or strateg hoies?On the ontrar. In a strong or a wea eonom, we remain osed onimlementing or strateg. Imroing orometitieness remains ital, bt wemst also sere the tre b nrtringtomorrow’s growth areas in or best rodtlines. We ontined to inest in Asia in2009, or eamle, desite the worseningeonom.
Is or strateg
or emerging eonomiesstill osed on Asia? We oted er earl on to ste ormareting and indstrial rojets in Asia,eseiall china. In 2007, we annonedthat we wold raise or annal aerage aital eenditre in Asia to more than€50 million in the net three ears. Toda,
Arema’s sales in Asia aont or 18% oor total sales, omared to 13% in 2005,and we will reah or goal o 22% b 2014.
Do o thin o’emade grond in termso roftabilit?
yes, er mh so. In less than fe ears, we’e onsiderabl narrowed the ga withor eers in terms o roftabilit. Desitetogh maret onditions, or 2009 EBITDA margin was mh higher than in 2005,
when the enironment was mh moreaorable. There are a nmber o reasonsor otimism looing ahead. Or arlisbsiness will be boosted b the integrationo the assets aqired rom Dow chemial
and b a gradal imroing maret.Indstrial chemials, whih is alread a higherormer, an mae een more headwa.perormane prodts will be able toaitalize on or R&D innoations. And lastl,
we are ontining to otimize vinl prodts, whose relatie ontribtion to or sales willshrin. We’re targeting an EBITDA margino 13.5% in 2014, whih will ran s withthe best in or indstr.
What is or ortoliomanagement strateg?Sine 2005, we hae diested non-strategiassets aonting or 10% o or sales. Oerthe same eriod, we hae made someimressie aqisitions — inlding coate,GEO and some o Dow chemial’s arlisassets — that add to 10% o newsales. And or fnanial eibilit is as goodas eer. We’re still interested in seletiesmall or medim-sized, high-ale-addedaqisitions in or best rodt lines oor Indstrial chemials and perormaneprodts bsiness segments.
What will or tregrowth driers be?There are man, some related to geograh and others to innoation or or aqisitionoli. To sere the tre, we maintainedor aital eenditre on eansionrojets in Asia and the sh or innoation,desite the eonomi downtrn. In 2009,or eamle, we bilt a new orohemialsnit in changsh, china, and lanhednew rojets inoling knar® oroolmersand coate arli olmers at the samesite. We also annoned a nmber oinitiaties to romote innoation. Eamlesinlde the aqisition in Febrar 2009 ou.S.-based Oord perormane chemials,
whih maes and marets olether etoneetones (pEkk) - ltra-high-erormanetehnial olmers - and the onstrtiono a arbon nanotbe rodtion lant withan annal aait o 400 metri tons,the onl one in the world to se an entirel biosored eedsto. We also haeeer intention o sing or reent arlisaqisition in North Ameria to drieor growth.
Arema’sometitiestrengths
Arema holdsto-tier maretingand manatringositions. In alarge nmber obsinesses, Aremais a leading globaloerator: pMMA,oroarbon gases,
hdrogen eroide,thiohemials,seialt olamides,oroolmers,hdrazine hdrate,pvc stabilizers, imatmodifers and roessaids, glass oatingaddities and organieroides.
IN BrIE
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 22/520
As we ontine into the 21st entr, the major hallenges we ae — limate hange, inadeqate aess to drining water, natral resore deletion and a growing demand orenerg, to name a ew — are danting. Indstrial innoation,o the ind Arema raties in or deelomento eo-tehnologies, is one wa orward.
re port
ShApINg the hemistr
o the uTurE
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 23/52 /
Dediated largel to sstainabledeeloment, or R&D is osed ontwo er seif oints. One is high-erormane materials — biosored or
nanostrtred — that sae energ andhel onsere natral resores. The otheris seialties alied to alternatie energies,sh as solar hotooltai ower, lithim ionbatteries and heat ms.
Etreme resistaneI o haen’t heard abot oletheretone etones, or pEkks, o shold nowthat these olmers hae eetionalroerties and an withstand ontinoshigh temeratres o to 260°c. pEkksalso ossess eellent hemial resistane,ame retardan, and nmathedabrasion resistane. The an be ond inaerosae aliations, in abin asteners,inslation fttings, and fnishings; in oil andgas eloration, to rotet dee-well robes
loaded with eletronis; and in medialaliations, lie ranial and interertebralimlants, joint reinoring deies, and hirostheses. Arema aqired u.S.-basedOord perormane Materials (OpM) in earl 2009 and is now mareting these olmersnder the Oe ® brand.
Designer light What’s as transarent as rstal, lightweight,eas to wor with and natrall resistantto aging? The answer is Altglas®, anarli olmer, oten alled arli glass,oering otstanding otial roertiesand balaned hsial and mehanialroerties. Its main ses inlde deoratieitems, signage, illminated signs, streetrnitre, LcD at sreens and atomobiletaillights. In addition to transaren, thelatest Altglas® generations sh as the
Altglas® LED Sstem and Altglas® Hi-Debring new soltions to toda’s tehnologialhallenges.
LEDs and their imliationsHow do we mae the most o theinreasingl widesread se o LEDs,
toda’s new energ-efien light sores?One answer is the Altglas® LED Sstem,seifall deeloed to boost b 20%the lminos efa o LEDs while sing70% less ower than a onentionallighting sstem. Another is Altglas® Hi-Derear-rojetion sreens, with to o-the-lineerormane, eatring a 180° feld o ision,etremel high ontrast and nmathedresoltion and image larit, een in broaddalight. Able to resist the aging eetso weather, Altglas® Hi-De sreens anbe sed on bilding aades and blendseamlessl into the arhitetre.
castor oil,a long-rnning stor Bio-based hemistr is an R&D riorit or
Arema, whih now marets fe amilies oolmers deried rom astor oil. The eldest,Rilsan®, a olamide omosed o 11arbon atoms, was snthesized b Frenhhemists at the end o World War II. Initiall sed to mae sntheti thread to ometed
with nlon, its aliations soon grew toinlde molded arts and ies. Toda,Rilsan® olamide-11 resin is emloed in
high-ale-added aliations reqiringstamina and strength, sh as ehile ellines and the eible ies sed in oshoreoil etration.
We allocate more than 50%
of our R&D spending directly
to “green” innovation to develop
eco-technologies.
“7.5% o Arema’s salesare generated b or arios
rodt lines deried rombio-based eedsto.2012 target: 10%.”
To increase theproduction of castoroil, formerly mostused in medicaland pharmaceuticalapplications, wehad to expand theacreage devoted tocastor bean crops. As it happens, thecastor bean growswell in arid zonesin Brazil, China andIndia, and cultivation
can be increasedwithout deforestationor impact on foodcrops. Any way youlook at it, Rilsan® is asustainable product.
SuSTAINABlEArmINg
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 24/522
re port
Warm-mi ashaltsor green roadsReding the energ needed to mae an
ashalt mi b 35%, sharl rtailing dst andgas emissions and reating more omortable woring onditions or road rews – all this isthe eat lled o b an Arema-deeloedadditie based on sratants made riniall o renewable raw materials. Mareted nder thebrand name ceabase® RT, it is roded b cEcA, Arema’s seialt hemials sbsidiar.One mied with ashalt, ceabase® RT anrede the aliation temeratre o theroad aing b 50°c. In the last two ears,ceabase® RT has been sed at more than200 road wors in Frane, Sain, Ital, German,poland, Rssia, the united States, Astraliaand Jaan. This innoation has netted three
restigios awards: Frane’s pierre potier prizeor innoation in 2007, an International RoadFederation Global Road Ahieement Award in2008 and the Most Innoatie prodt awardo the IcIS chemial Bsiness magazine in 2009.
How is made a road aing?
A lassial road aing is omosed o 95%granles and 5% ashalt etrated rometrolem. The mitre has to be heatedto 160-180°c to obtain the idit reqiredor sreading on the road srae. B inororating a tin amont o ceabase@RT to the ashalt, 2 to 4 g er metri tono ashalt, or 150 grams er metri tono the mitre, the aliation temeratrean be reded to 120°c while the aingretains the same roerties as a lassialaing roded at 160-180°c.
In the last seeral ears, or eertise hasenabled s to maret or new amilies oastor-oil-based tehnial olmers. Theseinlde platamid® Rnew, a hot-melt adhesie
made rom totall renewable raw materials,Rilsan® clear Rnew resin, the frst ll transarentbiosored high-erormane olamide,Rilsan® HT resin or engineered arts sbjet totemeratres o to 170°c, eseiall nderatomobile engine hoods, and peba ® Rnewresin. Theonentionalossil-el-basedpeba ® is athermolastielastomer sed ina wide arra o aliations, rom athleti shoesto dental oss to atheters. It oers a nmbero eetional roerties, sh as eibilit, oldresistane and imat absortion, and is eas to roess.
A higher erormingnatral olmerIn 2007, Arema sessll transitioned romthe onentional peba ® resin to a peba ® resinderied to 90% rom astor oil, dbbed peba ® Rnew. Jst as light, bt more heat resistant andelasti at low temeratres, this biosored peba ® resin roed an een better erormer than itsonentional osin. In 2009, we seeded in
deeloing apeba ® Rnewgrade madeentirel rom lanteedsto.
peba ® Rnew grade madeentirel rom lant eedsto.
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 25/52 /
Filtering waterand traing irsesMembrane fltration roesses are sedto rode drining water and treat
wastewater. The biggest hallenge isqil fltering large amonts o water
while efientl remoing irses andother sbmironi artiles. Aremahas met this hallenge b designingnanostrtred membranes madeo knar® resin, a high-erormane,tehnial oroolmer. Membranefltration roesses hae seen stronggrowth worldwide oer the last15 ears; the olme o water treatednow eeeds 12 billion liters a da.
The owerso knar® resin
Water to be treated is med nderressre into modles ontainingthosands o semiermeable hollowfbers — long, slender tbes, 1 to 2millimeters in diameter, with a oros
wall. These highl oros hollow fbersmst allow the water to ass throgh,mst remain ntional or seeral
ears (that is, hae good mehanialstrength and hemial resistane)and mst be highl seletie, ableto flter ot the miro-artiles.One membrane material has it all:knar® pvDF resin.
Inreasing fltrationefien withnanomaterialscombining knar® pvDF resin withntional blo oolmers maestwo things haen: the hollow fbersbeome more oros and ore size
is reded to jst a ew nanometers.The greater fber orosit inreasesthe ow o treated water anddereases the energ neededto m water throgh the fltrationmodles. And the nanometri sizeo the ores efientl flters ot irsesand other nanoartiles.
In Europe, 350,000 kilometers of road — the distance from the earthto the moon — are repaved eachyear. Widespread use of the warm
mix process would avoid 1.8 millionmetric tons of carbon emissionsand save 600,000 metric tons of fuel oil each year, or the annualheating oil needs of a city the sizeof Marseille.
SAVINgSBy ThE ToN
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 26/524
Energizingsolar radiationStandard hotooltai solar anel modles
eloit the best qalities o two Aremaolmers. knar® pvDF resin is made intoa flm and aliedto the ba o modles.The inslating knarflm is reetie,
whih booststhe ott othe hotooltai
ells, and uv resistant, whih rolongs theserie lie o the modle. Eatane® 33-45pv, an ethlene inl aetate oolmerresin, was designed b Arema seifall or enaslating flms sed in silion
hotooltai ells. It ats as an adhesiebetween the dierent modle laers, ensringthat the glass, silion and eletrial iritsoerate as a solid nit. To ensre long-termdrabilit, Eatane® resin is ross-lined singa ast-ating organi eroide, Lero ® Solar.
How to sae on silion ?
Silion sitable or the atie laer inhotooltai ells is a sare and eensieommodit. A simle wa to se less o it
while imroing modle ower ott is to
emlo lenses that onentrate the light ontothin stris o silion. Altglas® HT 121, a gradeo arli olmer, is eseiall well sitedto hotooltai onentrators bease o itsheat resistane and otstanding dimensionalstabilit. Altglas® arli resin has eellentotial roerties and is light, eas to wor
with and drable (both uv and weatherresistant), maing it a high-erormanesbstitte or glass.
What to do with end-o-lie anels
A major hrdle to solar anel relingis the irreersible thermoset bond betweenthe enaslation laers o hotooltai ellsand the modle’s other laers. To address thisroblem, Arema has deeloed Aolha TM Solar resin, a nanostrtred thermolastienaslant that roides long-termtransaren and heat resistane withot theross-lining ste. AolhaTM Solar resin saestime dring rodtion and allows searationo the dierent modle laers at end o lie,imroing waste reling.
re port
L’Altglas® is ahigh-erormanesbstitte or glass.
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 27/52 /
A natralheating methodTo wor roerl, heat ms need a liqefed gas
with seif hsial roerties that ailitate ahot-old le. called rerigerants, sh ids haebeen sed or man ears or the same hot oldle in rerigeration and air onditioning sstems. Bttraditional ids hae been lined to global warming.To hel limit the greenhose eet o or rerigerants,
we reentl deeloed a net-generation id alledR-1234, whih has a global warming otential(GWp) o 4. Its main eatre is that it otimizes theenironmental erormane o sstems that se it,sh as heat ms.
What o need to nowabot heat msEfient and eniro-riendl, heat m heatingsstems se totall natral, renewable energ sore:heat ond in the air, in the grond or in water. Thererigerant id atres and transorts the heatobtained rom the sore. comression releasesatred heat, whih is then distribted throghotthe hose. callating a heat m’s energ erormane, alled a oefient o erormane,is eas. Jst omare the amont o heat rodedb the heat m with the amont o energ sedb the m. For eamle, an aerage oefiento erormane o three means that the heat mdeliers three times more energ than it ses.
Carbonemissions (grams)per kWh produced (heat)
600
350
276
248
246
203
Jole heating
(onetors, radiant heaters)
Fel-efient boiler
Air to air heat m
Air to water heat m
Natral gas ondensing boiler
Geothermal heat m
Sore: Frenh natral gas distribtor GrDF.Emissions allated or an annal aerageott aross the lie le o the heating sstem.
Heat ms are one o the sstemsthat emit the least arbon er eqialentnit o heat roded.
good To KNoW
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 28/526
Between the lines
09 Finanial erormane
08 / 098.8% / 7%EBITDA margin
100 / -172Net income
Group share
3,370 / 2,977Capital employed
495 / 341Net debt
(€ millions)
€0.60 / €0.60Dividend per share
The etremel togh eonom was bondto imat Arema’s fnanial erormane in 2009.Or two riorities were woring on fed ostsand strit ash management.
Salesby business segment ( € millions)
Sales( € millions)
5,633
4,444
2008 2009
Free cash fow* ( € millions)
228
2009
EBITDA ( € millions)
498
310
2008 2009
2,109 1,3181,005
Vinyl Products Industrial Chemicals Performance Products
* cash ow rom oerating and inestment atiities elding the imat o ortolio management.
68
2008
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 29/52 /
“In light o Arema’s er health fnanial osition,the Board o Diretorshas deidedto reommend aingthe same diidend*as last ear,
or €0.60 er share,at the net AnnalShareholders’ Meeting.”
Thierr lennie
* Diidend roosed to the Shareholders’ Meeting on Jne 1st, 2010.
Wat ae te ain tinst kee in in abtte 2009 ests?
In 2009, we had to deal with atogh eonom haraterizedb a shar dro-o in demandand massie destoing b orstomers in the frst hal.In this enironment, all
Arema’s teams got behindtwo riorities: generating ashand reding fed osts. Inboth areas, we ar srassedthe targets we had set or
orseles. Free ash ow wasstrongl ositie, at €228million, and fed osts weret b €170 million. Or netdebt ell b more than 30%,to €341 million, bringingor debt-to-eqit ratio to a
er low 19% at end-2009.Finall, we osted EBITDA o€310 million and an EBITDA margin o 7%, whih is betterthan what it was in 2005
when Arema was sn oin a mh more aorableenironment.
Wat is te tk 2010?
We ame ot o the reessionstronger and are starting 2010
with otimism, while remainingatios in or eonomiassmtions. We’re ontiningto wor on imroing or ostbase and managing or ashstritl. We’re onfdent that
we will be able to signifantl inrease or 2010 EBITDA omared with 2009.
Wat is a a te net fve eas?
We hae jst omleted orfrst fe-ear le ollowing
Arema’s sin-o. All o thegoals we had set in 2006 haebeen met, in some asesa ear earl.In the net fe ears, we lanto ee solidiing or ortolioo bsinesses and eandingin ast-growing regions,eseiall china.prodt innoation will also
be aelerated and oson two riorities: sstainabledeeloment soltions andhigh-erormane olmers.This strateg shold enables to ost a mid-le EBITDA margin aboe 13.5% in2014, tting s on a ar withthe leaders in the hemialindstr.
chIE INANcIAl oIcEr’S INTErVIEW
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 30/528
Between the lines
The majorit o the indstrial atiities maing Arema’s three bsiness segments boast leadingranings in the world or in Eroe, with internationall reognized brands.
Oeriew o the BuSINESS Segments
The vinl prodts segment aontsor 21% o Arema sales and inldesthe manatre o hlorine and astisoda, inl hloride monomer (vcM),hloromethanes, hlorinated deriaties,olinl hloride (pvc), inl omonds,as well as the manatre o iesand rofles.
The inl rodts and hlorohemialssetor mst ontend with tating maretonditions and intense ometitionin a matre Western Eroean maretthat is notorios or its eonomi les.The coman’s eorts to imroeometitieness, initiated in 2005, ontinedthroghot 2009, as eidened b the losreo the alminim hloride rodtion lantat Jarrie (Frane), the diestment o thisbsiness to Glbrandsen chemials, and theannonement o a rojet to sht downthe inl hloride / inl aetate oolmerrodtion lant at Saint-Aban (Frane).
At its Balan site (Frane), Arema annoneda rojet to lose the ailit’s oldest pvcrodtion line and moe rodtion to other,more modern and more efient, lines.
Arema eorts
its pvc ssension roessRenowned as one o the world’s mostefient roesses, Arema’s pvcssension roess was hosen in 2009b the Moroan oman SNEp ora 150,000 ton/ear lant and b thechinese oman Anhi Hwas co.,Ltd. or a 1,000,000 ton/ear lant,
whih wold be one o the largest pvcrodtion lants in the world.
VINyl pRODucTS
ocuS
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 31/52 /
The Indstrial chemials bsiness segmentrelies on omle manatring roessesand is osed on worldwide marets.It aonts or 51% o Arema’s sales.
Drien b innoation and strong demandin Asia, its otloo is or sstained growth.
A Eroean ometitor in stream arliatiities, Arema is rsing a deelomentstrateg that will transorm it into an integratedglobal laer. The aqisition in earl 2010 oertain assets rom Dow chemial in North
Ameria, seifall Dow’s clear Lae (Teas)monomer site and its arli late atiities,boosts Arema to No. 3 among the world’sarli aid roders. In 2009, Aremaalso started a new lant at the carling-Saint-Aold site (Frane) to rode 2-ethlhel arlate sed in the manatreo remoable stiers.coate annoned in Jl 2009 theonstrtion o a seialt arli olmerrodtion lant at or changsh sitein china and, in Janar 2010, the integrationo the arli thiener bsiness aqiredrom Dow chemial in North Ameria.
In Jne 2009, Altglas Internationalannoned a reorganization o its pMMA sheetatiit in Eroe to os on higher added
ale rodts.
The world’s leader in thiohemials, Aremahas ontined to onsolidate its main rodtlines and reos its ortolio, in artilar
with the shtdown o methl ethl etonerodtion at the La chambre (Frane)indstrial site.In orogases, Arema signed a long-termagreement in Febrar 2009 withthe Dneon oman or the sl in Eroeo HcFc-22 intended or the rodtiono oltetraoroethlene (pTFE) and ariosorinated elastomers.
INduSTrIAl cHEMIcALS
Arema, a leading laerin hdrogen eroidein china
The sessl eansion o its hdrogeneroide rodtion aait to80,000 ton/ear at its Shanghai site hasheled onsolidate Arema’s ositionas an essential artner in Asian marets,inlding l and aer bleahing,hemial snthesis, detergents,the agro-ood indstr, and eletronis.
ocuS
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 32/520
Between the lines
proiding stomers with sitable tehnialsoltions is the mission o the threeperormane prodts bsiness nits.The share similar eertise, enjo a strongresene in their resetie marets,and reresent 28% o Arema’s sales.
For the perormane prodts bsinesssegment, 2009 was a artilarl ertile earor rodtion, aqisitions and innoation!Seeral new high erormane tehnial
olmers atl demonstrate this: Rilsan® HT, a high-temeratre thermolasti withroerties that mae it a good sbstitteor metal omonents, Rilsan® clearG830 Rnew, the frst ll transarent higherormane biosored olamide,and Aolha™ Solar, a nanostrtredthermolasti olmer or the enaslationo new generation hotooltai modles.cEcA, the “Seialt chemials” bsiness nit,also stood ot or its innoations. It ontinedto deelo its high added ale rodts orsratants / interae agents and adsortion
/ fltration. In Febrar 2009, cEcA annonedthe aqisition o Winelmann Mineraria, an
Italian oman seialising in the rodtiono eanded erlite or the agro-ood indstr.
Arema rodes ntional addities, organieroides, pvc addities, oating addities,and atalsts in Eroe, North Ameria and
Asia. To aommodate the boant growtho onstrtion and aaging marets in Asia,
Arema has dobled rodtion aait at its pvc heat stabilizer rodtion lant inpeing, china, maing it the largest o its indon the Asian ontinent.In 2009, Arema sold its Gangzhooerations seializing in eramioaifers and olester resin atalsts toSingaore’s Hoe Seng co. pt. Ltd. Aremaalso omleted the aqisition o organieroide atiit rom Amerian oman GEO Seialt chemials.
pErormANcE pRODucTS
virtosaddities!
cEcA’s ceabase® RT range has wonan IcIS Innoation
Award. Added insmall qantities tothe bitmen, these
sratant additiesrede energ reqirementsb to 50%b loweringrodtion
temeratres40 to 50°c.ultimatel the imroe woringonditions, whileheling redeemissions oarbon dioide and
olatile organiomonds.
ocuS
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 33/52 /
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 34/522
Between the lines
Shareholder NoTEBooK
• IPO: May 18, 2006• Market capitalization on Dec. 31, 2009: €1.6 billion• Number of shares on Dec. 31, 2009: 60,454,973• Free oat: 100%• Listed on: Euronext (Paris) stock exchange• Indexes: SBF 120, CAC MID 100,
DJ Ero STOxx chemials• ISIN code: FR0010313833• Ticker symbol: AKE
• Eligible for the Deferred Settlement Service (SRD)and Frenh eqit saings lans (pEA)• Registrar:
BNp paribas Serities SeriesLes Grands Molins de pantinGcT Emetters9, re d Dbaradère – 93 500 pantin – FraneToll-ree nmber: 0 800 115 153 (Frane onl)E-mail: [email protected]
Shareholders’clbIndividual shareholderswith at least ve registered or25 bearer shares can jointhe Arkema Shareholders’ Clubfree of charge. Its main purposeis to familiarize investors with Arkema and help them understandour organization and what we do,especially through site tours. Wemet nearly a hundred shareholdersat events held every other month,including conferences, site toursand rst aid classes. The following Club events arescheduled for the rst half of 2010:- March 31, 2010: First aid classes
(French Red Cross).- April 15, 2010: Tour of the
dyeing shop at Manufacturedes Gobelins in Paris.
- June 29, 2010: Tour of theresearch center in Pierre-Bénite,in France’s Rhone-Alps region.
Arema is ommitted to roiding indiidaland instittional shareholders with reliable inormationin a ontet o lose ontat and transarent dialoge.
AcT ShEET or ThE ArKEmA ShArE
ShArEholdEr BASE
Sae aita b te invest(Sitation at Deember 31, 2009)
Indiidalshareholders
Instittionalshareholders
Emloeeshareholders
9.5% 3.6%86.9%
Saee baseb ein(Sitation at Deember 31, 2009)
14% 14% 43% 2%27%
Frane unitedkingdom
Resto Eroe
North Ameria
Resto the World
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 35/52 /
ma 11, 2010 Release o frst-qarter2010 resltsJne 1, 2010
Annal Shareholders’Meeting in paris
Ast 3, 2010 Release o interim2010 resltsNvebe 9, 2010Release o third-qarter2010 reslts
contatsMail: ArkemaInvestor Relations420, rue d’Estienne d’Orves
92705 Colombes Cedex, France Telephone:+33 (0)1 49 00 74 63Fax: +33 1 49 00 50 24Internet:www.nance.arkema.comIdiidual sharehldersE-mail:[email protected] Toll-free number (France only)0 800 01 00 0124/7:real-time share price,nancial calendar,news and nancial information. An individual shareholder advisor
is available Monday to Friday,from 9:00 a.m. to 12:30 p.m.and 1:30 to 5:00 p.m.Istitutial sharehldersE-mail: [email protected]
Sae eanesine Ipo
Arema share erormane erss the SBF 120
50
60
40
30
20
10
0
M a y 0 7
M a y 0 6
J u l y
0 7
J u l y
0 6
J a n u a r y 0 8
J a n u a r y 0 7
J a n u a r y 0 9
N o v e
m b
e r 0 7
N o v e
m b
e r 0 6
N o v e
m b
e r 0 8
N o v e
m b
e r 0 9
D e c e m b
e r 0 9
S e p t e
m b
e r 0 7
S e p t e
m b
e r 0 6
S e p t e
m b
e r 0 8
S e p t e
m b
e r 0 9
M a r c h
0 8
M a r c h
0 7
M a r c h
0 9
M a y 0 8
M a y 0 9
J u l y
0 8
J u l y
0 9
Arema
SBF 120
IPO price: €27.50 / Price on Dec. 31, 2009: €26.00 / High: €50.88 / Low: €9.71 / Performance since IPO on May 18, 2006: Arkema: down 5.45% at December 31,2009 / SBF 120:down 19.84% / Average daily traded volume in 2009: €5 million.
A DIvIDEnDoF €0.60 pER SHAREReecting ourcondence in ourprospects and ournancial health,shareholders at the
Annual Shareholders’meeting on June 1,2010 will be asked topay a dividend of €0.60per share for scal year2009, the same as lastyear’s dividend. Wewant to continue payinga dividend, the amountdependent on Arkema’snancial performanceand the economicenvironment.
commniationresoresQuarterly results are announcedin a news release, a presentationand a telephone conference. All relatedpublications and materials are availableunder “Investor Relations” at our Website, www.nance.arkema.com.Shareholders can request theRegistration Document, the Annualand Sustainable DevelopmentReport, and the ShareholderNewsletter at any time. We also keepour shareholders informed throughthe print media by publishing regularnancial notices.
cALENDAR
Sae ie (in e) an ane (%) Arema share erormane erss the SBF 120
High LowMost
reentrie(losing)
Annalhange
Annalhange
2008 45.75 10.93 12.25 -72.74% -43.08%
2009 29.94 9.71 26.00 +112.24% +23.73%
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 36/52
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 37/52 /
Honorsand reognitionIn 2009 and or the third onsetie
ear, Arema won a cororateGoernane Award rom Swissdail Agef. Ater winning in the“Goernane proess” ategor in 2007 and taing seond laein the “Inestor Relations Qalit and Transaren” ategor in 2008,
Arema was ba on the odimin 2009, this time in the “Strateg and Ris Assessment” ategor.The honor is a high-leel aoladeawarded b fnanial roessionals.It reognizes or ratiesor assessing and managing theriss assoiated with strategi hoies,as well as the inolemento or diretors in oerseeing strateg.
Also in 2009, Arema’s Boardo Diretors aeted theresignation o Tidjane Thiam,
who is leaing as a reslt o his newresonsibilities at prdential l.
Isabelle koher, taed b theBoard to relae Tidjane Thiam,attended her frst Board o Diretors’meeting on Janar 20, 2010.
3. rANçoIS ENAudchairman and chie EetieOfer, Steria
4. ISABEllE KochErchie Eetie Ofer,Lonnaise des Ea
5. ThIErry morINchairman o the Boardo Diretors, INpI
lAurENT mIgNoN
chie Eetie Ofer, Natiis
phIlIppE VASSorchairman, Baignas S.A.S
3
4
5
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 38/526
At ThE hElmThe Eetie committee meets twiea month on aerage to eamine all majorqestions related to Arema’s transormation.
ThIErry lE héNA,
chairman o the Board o Diretors,also seres as chie Eetie
o Arema.
The Eetie committeeThe Eetie committee is Arema’s to deision-maing
bod. It ensres the oman’s strateg is imlemented,eamines imortant isses onerning organization andmajor rojets, and aroes aital eenditre. It alsotras the erormane o all Arema bsinesses.
A resonsie organizationTo imlement the Eetie committee’s deisions,
Arema is organized into three bsiness segmentsomrising 14 bsiness nits, eah oerseen b anEetie vie president. cororate sort ntionsmanaged b or other Eetie vie presidents otimizethe entire organization and mae sre that all arts wor together smoothl. Regional sbsidiaries in host ontries
worldwide share their eert nowledge o the loalsitation with the bsiness nits.
“Or highl-qalifed eole,or ometenies and orsolid ositions in global marets
t s on a ar with the bestin or indstr.”
Enounters
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 39/52 /
Eetie vie presidents or the bsiness segments 1.oTTo TAKKEN vinl prodts 2.mArc SchullEr Indstrial chemials 3.pIErrE chANoINE perormane prodts Eetie vie presidents or the cororate sort ntions 4.mIchEl dElABordE Hman Resores
and commniation 5.AlAIN dEVIc Indstr 6.ThIErry lEmoNNIEr chie Finanial Ofer
7.BErNArd BoyEr Strateg
“It is ital or Arema that we ontine to mae saet a ore riorit, at eer leel and in eer irmstane.”
“The coman’s transormation is sorteb eetie, aailable managemen
leeraging eertise, leadershi and inolement
Alain devi
Mihel deabe
6
3
7
2
54
1
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 40/528
hizon
SpoTlIghT on chinaGlobalization o marets and a shar in o newomers, eseiall rom Asia…The hemial indstr and its global bsiness enironment hae eerienedar-reahing hanges in the last ew ears. Asia alone now aonts or 18%o Arema’s sales, a fgre eeted to reah 22% b 2014. And china, wherethe oman has had a strong oothold or more than 13 ears, has beomean irrelaeable artner.
NEW orANE® hc-125 uNITat changsh
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 41/52 /
changsh,a mlti-roess hbThe hanges in changsh oer thelast ten ears are mind-boggling. Not mhremains o the bare, nbilt 40-hetarelot o the nineties, jst a stone’s throw romthe ort o Shanghai and the highwa.In 2000 the site’s ofial inagral eremon oinided with Arema’s start o two nits,one dediated to oroarbon gases andthe other to tehnial lastis (olamides).Toda, changsh is the linhin o Arema’sgrowth in china and, more broadl, aross
Asia. Its rime geograhial loation andeseiall its hge ntaed hsialsae leae room or some well-timed
eansions. Throghot the deade, astring o aital inestments made it oneo Arema’s biggest rodtion hbs
worldwide. Broght on stream in 2005,the rodtion nit or organi eroides,
whih are sed to mae lastis has anannal aait o 3,000 metri tons anda ser-efient rerigerated logistis setthat gies Arema the ole osition in theorgani eroides maret aross china,Taiwan and Sotheast Asia. In 2006, theoroarbon gas and olamide nits
were eanded and a nit to rodeomonds or atomotie dashboards
was started in phase 3 o the site’s
deeloment.In the last two ears “panda”, “Tiger” and“koala” hae srng in changsh. Thistrio o eoti animal names denotes Aremaindstrial rojets slated or ommissioningin 2010-2011. panda is the ode name oa nit to manatre Forane® HFc-125,an essential omonent o net-generationrerigerant blends. Tiger is atall a nit that
will mae knar® resin, a high-erormanetehnial olmer sed in eterior bildingoatings. Finall, to see koala, o hae totrael a bit rther north, withot leaing thechangs site. There, Arema’s sbsidiar coate is bilding a nit to rode
seialt arli olmers to sl growthmarets sh as aint, mineral roessing,onstrtion and aer. koala is also meantto eand the worldwide manatringsoe o coate, whih is alread resentin Frane, the Netherlands and the unitedStates. Aording to its cEO, Alain Mari,“The new acility positions Coatex as a global supply source or our major international customers.”
The Shanghai hdrogeneroide lantThe hdrogen eroide lant AremaShanghai Hdrogen peroide (ASHp)is a joint entre in whih Arema holdsa 66.6% eqit interest and china’sShanghai coing 33.3%. The nit wasa strategiall imortant inestment or
Arema, the world’s third-raned hdrogeneroide roder, whih rther emented
Arema in china when it was bilt. Broghton stream in 1998, the nit dobled itsrodtion aait in 2008 to almost80,000 metri tons a ear. This strategieansion targeted high-growth maretstied diretl to booming chinese demand
or indstrial goods and eerda onsmerrodts. The onl Western rodero hdrogen eroide in china, Aremahas beome the artner o hoieor loal stomers. The oman nowoers reognized eertise and a widerange o series in marets inlding land aer bleahing, hemial snthesis,detergents, the agriood indstr and eletronis.
“Our success
depends strongly on collaboratingwith the R&Dteams in Europe,which havelimitless potential or innovation. Thestrength o theChinese, as is otenthe case in Asia,is their respect or method and ability to optimize
processes. Instead o trying to belike one another,let’s respect what makes usdierent and pool our knowledgeand expertise,” elains DominiqeNamer, presidento Arema Greaterchina sine 2004.
IN BrIE
Arema and Jaan’s Daiinhae ombined theirresetie eertise in therodtion and blending orerigerants b reating two
joint entres. Their goal isto rode HFc-125 at thechangs site and to maretrerigerants arossthe Asia-paif region.
The deision to loate anHFc-125 rodtion lant– started in the frst halo 2010 – in china isa major ste in Arema’soerall strateg to maretHFc blends on a globalsale.
ArKEmA-dAIKIN:
A WIN-WIN pArTNErShIp
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 42/520
hizon
1. SIx ENgINEErS rom the changsh lant were gests at Arema’s Zaramillo, Sain, site, where the arell
obsered Forane® 32 rodtion and trained in the similar roess o maing Forane® 125, a net-generation, ozone-laer-sae
oroarbon gas that is sed in air onditioning and rerigeration sstems. 2. ANd 4. opErATorS
at the Forane® 125 nit, changsh. 3. ANd 5. INAugurATIoN o the rodtion aait eansion
o the Shanghai hdrogen eroide lant in Otober 2008.
Loal aailabilit “We’re investing in China totake advantage o the growth
opportunities in local marketsand to ollow our customers. Being available locally is anessential part o the service weare responsible or providing,” oints ot Dominiqe Namer,president o Arema Greater china.The small Rsihina nit based inchangsh is a eret eamle.Seializing in omonds or
ehile dashboards and interiors,it ied o rodtion in 2006,in antiiation o the atomotieindstr’s growth in china. It hassine dobled its aait.
3
1
2
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 43/52 /
koala elebratedin changsh
koala was the “gest o honor”at a eremon held b coate atthe changsh rodtion hbon Otober 16. Jrôme crassa,coate’s Managing Diretor Asiapaif, sent a ew momentsgoing oer the rojet’s soe andhallenges. Among the fgres heited were€15 million in aitaleenditre and fe hetares oland set aside or the new nit, whihonsists o two rodtion lines,a flling station and a laborator.Some 30 eole will eentall wor there; the so-alled ross-ntional
ositions – aonting, hmanresores, logistis – are being ooled with Arema’s other nits on site.“It’s a winning combination,” stressed
Alain Mari, coate’s cEO. “Coatex benefts rom Arkema’s power,while continuing to operate as anindependent subsidiary.” Attendingalongside coate emloees, JianlinHi, changsh’s maor, reiterated themniialit’s ommitment to andsort o the koala rojet.
New lantsin china areinagratedb arring otthe traditionalkai Gong Da Jieremon. Therital’s frst steis to hae areognized andreseted fgre“aint” the lion’see, bringing the
owerl animalto lie. Oneawaened,the lionsmbolizes thenew deartreor start.It begins todane among
the adiene.celebrationso this ind,attended b stomers,artners, loalgoernmentofials and
Aremaemloees,
were held at thechangsh andShanghai sites in
2005 and 2008.The lion willbe awaenedat otherinagrations, toelebrate othereansions still toome.
ThE dANcE o ThE lIoN 4
5
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 44/52
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 45/52 /
Stress reentionSine wor-related stress is a ris bsinesses
mst tale, Arema introded areention rogram in 2008. Ste oneonsists o ersonal and medial reentioninitiaties. Dring their medial hes,emloees an rate their stress leel ona dediated sale, ater whih the andisss the onfdential reslts with theiroational hsiian.Ste two onsists o olletiereention, throgh training, awarenessand ommniation initiaties oreerone onerned: Health, Saet & Woring conditions committees, healthdeartments, managers, and HR and HSEQofers. “Breeding gronds” are identifed,
ollowed b analsis o elanator stressators and the introdtion o aroriateations. Toda, emloee reresentatiesare roiding int as art o negotiationson an agreement on reenting stressat wor rom a olletie standoint.
Aremachangsh trainsdisabled oth
On Jl 17, 2009, 15 disabled ong eole rom thechangsh Seial Shool too art in loal Red cross frst-aidtraining orse at Arema’srodtion hb in changsh.The training was roidedb the site’s hsiian, Dr. Ma.
Or oli o atiel romotingthe hiring o disabled worerssrred s to reate a Disabilit Tas Fore within Hman Resoresin Febrar 2009, rther roo oor strong ommitment to mtalsort, soial resonsibilit andreset or diersit. Or indstrialailities stressed the hiring oeole with disabilities desitethe naorable eonomisitation. At the same time,measres sh as worstationaommodations and shedleadjstments imroed onditionsor 12 disabled emloees intheir jobs. Lastl, a seial eort toreah ot to disabled oth hasreslted in ten sills aqisition orarentieshi ontrats in seeralroessional disilines, inldinglogistis, laboratories and health,saet and enironment, at ariosedational leels.
We ahieed the 2009 targets setin the agreement signed in 2008
with emloee reresentaties toee emloees in their joband aommodate the disabled.
We will rse similar ations
in 2010.
promoting wellnessOr u.S. sbsidiar
Arema In. hastargeted fe areaso wellness or allemloees in the unitedStates. Sine 2007, it hasheld awareness lassesand distribted literatreon fghting obesit,smoing essation,hsial eerise, goodeating habits and healthinormation. In Franetoo, or oational
health oli inldeedational initiaties.
dISABIlITy TASK orcE
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 46/524
Wrld’s n.3in acrylics
Arli assetsrom Dow chemial:rom aqisition
to integrationThe aqisition o art o the arli monomerand arli late olmer bsiness (ucAREmlsion Sstems) rom Dow chemial, fnalizedon Janar 25 2010, reresents a major ste in
Arema’s management o its atiities ortoliob maing it the world’s nmber 3 in this majorsetor o the hemial indstr. These atiities
now mae the Emlsion Sstems bsinessnit, headed b Rihard D. Jenins, a ormerDow chemial emloee.“This was a very special situation”, sas RihardJenins, who notes that the u.S. Goernment,throgh its Federal Trade commission (FTc),needed to reiew the transation beore giingthe go-ahead. “We wanted to assume theacquisition would be successul, but we werelegally required to remain Arkema’s strongcompetitor until the transaction was approved.Then we had to switch our allegiance, with the
need to listen to our employees’ concerns.” Emloees o both omanies new thathange was oming, bt there was lotso nertaint abot how the organizations
wold be joined together. Arema andDow chemial leaders were aed withthe hallenges o motiating the worore
withot losing sight o the oerall objetie:ensring that the bsiness ontinedto sere its stomers.
Bob connell, Arema In. Hman ResoresManager, along with his onterart at Dow,designed and imlemented a hangemanagement rogram, whih inldedomrehensie eorts to ee emloeesinormed, in artilar throgh a dediated
website. Throghot the roess, RihardJenins and his management team madethemseles er isible with emloeesand stomers alie. “We visited customersrequently, and held unscripted ‘town hall’ orums with employees as oten as wecould,” he sas. “We made a point o beingopen and straightorward with them with theinormation we had.”
This limate o trst beame ritialas the eeted deadline or omletingthe aqisition slied rom Otober toDeember to Janar. “We had to be ready to go at any moment, sas Bob connell,and had to remain exible at the same time.”
An in-hose sre o the new Aremaemloees ondted shortl ater theaqisition was omleted in Janar onfrmed that the HR and commniationsroesses had been worthwhile. “The resultsshowed that our people were ready or the
integration,” sas Rihard Jenins. “They had come through a period o tremendous uncertainty with the knowledgethat they could trust the inormation they weregiven. Now we are all ready to move orward to create together a great and successul long-term business or Arkema.”
Tether
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 47/52 /
Transerring nowledgeand eertise arossthe worldFor Arema, a major laer in a nmber oindstrial setors, it is oten aramont to beable to rode loall, lose to stomers,
while still assring great rodt qalit. Arema is a world leader in knar® olinlidene oride resins and flms, whihan be ond in a wide range o rodts,inlding hotooltai anels, lithim ionbatteries, and weatherable aints. Not srrisingl, Asia toda is the most boantmaret, with some o the astest-growingdemand or these rodts. Arema alread has two rodtion sites, one in calert cit,kent, uSA, and the other in pierre-Bnite,Frane, bt is now bilding a new lant inchangsh, china. Most o Arema’s knar® eertise is in the uS ailit. Here the oerators,engineers and managers are eerts in theseresins and flms who nderstand eer aseto the rodtion roess.Dann Wright, Florohemials GlobalManatring Diretor, ased three o hismost eeriened eole to oersee thenowledge transer to the chinese teams.
“Rich Sander is asupreme project manager, says
Danny Wright, and Jerey Yen knowsthe Kynar ® processas well as anyone.
And Steve Erhardt,ormer plant manager at Calvert City, has just taken over as manuacturing manager or theChangshu site.” Rih Sander and Jere yen moed tochangsh beore onstrtion began, andreated a networ o eerts rom arond the
world. ”We have a truly global project team,sas Rih Sander, and we have support romour sister plants and engineering departmentsin the U.S. and France.” The latest tehnolog has been seifed or the changsh lant,and the best ossible eqiment has beenbroght into the site.
The bilding o the changsh lant hasinoled diret transer o nowledge.Oerators and serisors romcalert cit traelled to changsh to heltrain their onterarts at the new site.chinese emloees then isited kent to rther their training.
Arema’s international standards or health,saet and enironmental rotetion are
being stritl alied in china too. Andsessll so, as at changsh, to date,this has translated into more than 500,000
wor hors withot an reordable injr.Rih Sander notes that one o the most
alable raties in bilding the lant hasbeen ‘management b waling arond’:“Anxious to motivate construction workersand operators, Steve, Je and I oten take ahands-on interest in the work they do. I otenclaim this has been my reason or picking upa tool or help with a particular operation, but
by now everyone knows I just like to tinker!” The changsh knar® lant is eeted to bell oerational in 2011, the reslt o great
teamwor among Arema emloees romarond the world.
“ We hae a trl globalrojet team.”
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 48/526
promoting innoationthrogh mtalsortThe ENSIc Fondation was reated
with Arema’s sort in 2008 b École Nationale Supérieure des IndustriesChimiques (ENSIc), a hemial engineeringshool based in Nan, Frane. It ’s a
wonderl stor and an otstanding initiatie.It all began with two ENSIc researhroessors, éri Fare and Alain Drand,
who inented the Etr’Aq roess with theirstdents, so that high shool lasses olddo liqid-liqid etrations withot singhazardos hemials. Wh sto there?The two researhers donated their rights tothe inention to ENSIc and the idea orthe Fondation was born. Its goal is to assistfnaniall straed engineering stdents.
With nearl 30 aliations reeied, tenstdents heled in 2009 and aid or anotherten lanned in 2010, the Fondation is wellon its wa. There is mh to be doneto sort edation, researhand the indstrial alorization o researh.
Siene is eas In the united States, we hae reated the
Arema In. Fondation to romote soial,ltral and edational initiaties near orindstrial ailities. One o its main rojets isthe Siene Teaher program, whih aims
to romote the std o siene in rimar shools. The rogram has something orstdents and teahers alie. The frst haetheir riosit stimlated and the seondadd to their store o nowledge. Thissessl otreah initiatie has reeiedmltile awards.
yong bt romising
combine Arema and Frane’s chemar*hemial lster and o get thechemstart’ Award, designed to sortthe growth o an innoatie hemialindstr sering sstainable deeloment.Eah ear this award, reated in 2010,
will reognize a hemial start that showsromise in terms o indstrial deelomentand job reation. The innoatie “greenshoot” will reeie €100,000, fnaned ineqal measre b chemar and Arema.The rize mone will be dobled i theoman hooses the Laq indstrial beltas its base. The award is sorted b theFrenh Federation or chemial Sienes
(FFc) and the Frenh union o chemialIndstries (uIc). Sonsored b the FrenhMinistr o Indstr, it is lined diretl to thepierre potier prize or enironmentall riendl innoation in hemials.
A rema aims to mae siene aessibleto eerone and to sread the word abot howstate-o-the-art, innoatie hemistr imroeseerda lie. This ideal has now ond onrete
eression as an ehibition sae. “We were proud to be the frst manuacturer to sign on as a sponsor o the palais de la Doerte science museum,” elains or Eetie vie president, cororatecommniations. “The Palais is unique in France, amuseum dedicated to science training, educationand discovery or young people. We’re involved in its
renovation and in creating a new, permanent spacedevoted to exploring matter and energy.”
Slated to oen its doors in 2012, the new area will hel isitors better nderstand the behaior o matterand the energ hallenges o the tre. Inqiring mindsand bdding hemists will fnd demonstrations,
worshos, and sel-direted elorationare the strengths o Palais de la Découverte’s originalaroah to teahing.“The opportunity to bring together young people,science and researchers in a unique way is what attracted us to the project,” says the Executive Vice
President, Corporate Communications. “Our current research will, o course, be presented through exhibitsand demonstrations.”
Tether
WIdEr WORLD
pAlAIS dE lA découVErTE
* The chemar bli interest gro aims rimaril to deelo manatre in the Laq indstrial basin.
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 49/52 /
In the midst o thriingommnities
Arema sares no eort to oster loserelations with the eole liing and woringnear or indstrial sites, throgh dialoge,elanations and inormation. To ormall otline or ororate resonsibilit, a ew
ears ago we introded common Grond®,a ommniation initiatie to amiliarize thebli with or oerations and rodts.I o lie near an Arema site, o noweerthing there is to now abot the lant’soeration and reentie health, saet andenironmental rotetion measres. Throghoen hoses, lant tors, bli inormationmeetings, ehibitions, saet das, artiiationin siene airs and other means, we aim to
be oen and to listen, in order to earn blitrst. Started in Frane, the common Grond® rogram has been gradall rolled ot inseeral other host ontries.
First aid We all now that timel ation an sae alie, bt do we now frst aid tehniqes?
Arema, whih aims to be a role model inhealth, saet and the enironment, hastaen the qestion to heart. In ollow- to anagreement signed in 2006 with the Red cross
in Frane, nearl 6,000 indiidals, emloeesand neighbors at or 30 indstrial sites, haereeied frst aid training oer the last three
ears. We adoted the same aroah inchangsh, china. On Aril 14, 2009, the site
organized a seial training lass with theRed cross and the mniialit o changshat the Fshan central primar Shool. Morethan 400 stdents and teahers too art. TheEetie Diretor o the loal Red cross gaeeah o them a frst aid gide to read andreread, a frst ora that will be ollowed b man others.
Sort or non-goernmentalorganizations (NGOs)
It was dash time or Arema Brazilemloees, who on Jl 12, 2009artiiated in the First Annal Rae orSoial Integration organized in Sao palob the Frenh-Brazilian chamber ocommere, to sort loal NGOs.
Natral harmon
Woring with Natrama, a Frenhenironmental edation assoiation,
Arema inentoried all the inset seiesliing arond the Arema Saint-Fonssite in the Rhone region. Jst in time orthe International year o Biodiersit, theohabitation o btteries, dragonies,riets and arios grasshoersdemonstrates that hemialmanatrers and insets an oeistqite hail.
IN BrIE
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 50/52
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 51/52
8/8/2019 Annual and Sustainable Development Report 2009
http://slidepdf.com/reader/full/annual-and-sustainable-development-report-2009 52/52
Akea innvates!From or smarthone, and b sing mobiletagbarodes, aess to the ideos related to theinormation roided in this magazine.
DOWNLOAD THE MOBILETAG READERrom the A Store or rom m.mobiletag.om.
www.akea./insiatins